RNB RETAIL AND BRANDS: Interim Report 1 September 2015 - 31 May 2016

All three concepts are performing well in general. Brothers stands out
with a sales increase of 7 percent in total and a positive result in the
third quarter of SEK 12 M. Departments & Stores continues to display a
stable performance and delivered a small increase in the quarterly
result compared to the third quarter of the previous year, despite weak
visitor figures. Polarn O. Pyret increased its sales during the ongoing
restructuring of its operations.

THIRD QUARTER, MARCH 1, 2016 – MAY 31, 2016 IN SUMMARY

Sales in comparable stores in Sweden increased during the quarter by
1.0 percent, compared to the market’s increase of 1.7 percent,
(Swedish Retail and Wholesale Trade Research Institute (HUI)

Net sales totaled SEK 489 M (485), an increase of 0.7 percent.

Operating income amounted to SEK 0 M (4).

Operating income before amortization for the latest 12-month period
totaled SEK 89 M.

Operating income for the latest 12-month period totaled SEK 42 M (40).

Polarn O. Pyret acquired 51 percent of Kids Company Oy. Kids Company
Oy, which is the master franchise business in Finland, is expected to
generate sales of just over SEK 100 M on an annual basis and consists
of 12 stores, an e-commerce store and three franchise stores in
Finland.

THE PERIOD, SEPTEMBER 1, 2015 – MAY 31, 2016 IN SUMMARY

Sales in comparable stores increased by 3.7 percent during the period.

In June, RNB entered into an agreement on possible extension of the
existing business financing facility (SEK 400 M) from the company’s
principal owner, Konsumentföreningen Stockholm. The agreement implies
a possibility to extend the financing from 2017 to 2018 with unchanged
contractual terms.

The information is such that RNB RETAIL AND BRANDS AB (publ) is required
to disclose in accordance with the Swedish Financial Instruments Trading
Act and/or the Swedish Securities Market Act. The information was
submitted for publishing at 07:30 a.m. on June 23, 2016.

RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing
excellent service and a world-class shopping experience. Sales are
mainly conducted in Scandinavia through the store concepts Brothers and
Polarn O. Pyret, as well as through shops in the department stores NK in
Stockholm and Gothenburg. RNB RETAIL AND BRANDS has operation in 11
countries. RNB RETAIL AND BRANDS has been listed on the Nasdaq Exchange
since 2001.